XRP Price Prediction: Faces Bearish Cross Risk, Sinks 5%

XRP experienced a significant drop of 5.1%, settling at $2.41 as technical selloffs and major whale transfers increased market uncertainty. The token fell from $2.54, breaking through several support levels due to pressure from sellers. Despite the drop occurring without major macroeconomic catalysts, it indicated a technical-driven selloff, exacerbated by increased trading volume and large-scale XRP movements across wallets. Notably, whale activity saw over $1 billion in XRP transferred, creating additional volatility. The token's ability to maintain the $2.39–$2.41 range will be critical; failure to hold could lead to further declines. Recent price action saw a modest recovery to $2.418, but XRP remains in a bearish structure, needing to reclaim the $2.47 level to stabilize. Current technical indicators suggest persistent downward pressures unless significant buying occurs from institutional players, while the looming Death Cross pattern indicates further short-term caution. Overall, XRP's future movement depends heavily on its ability to defend key support zones.

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